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16 October 2023 • By Jon Bragg • 1 min read

Magellan ‘well-positioned for success’ despite FUM losses, says chair

Andrew Formica, the recently appointed chairman of Magellan, has written to shareholders ahead of the fund manager’s annual general meeting next month

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Equip Super names new chair

The super fund has welcomed an experienced director to its board following the departure of its chairman. Equip Super has announced the appointment ...

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ASIC notes strong enforcement focus in annual report

The corporate regulator released its annual report for the last financial year, saying it has driven positive outcomes for consumers and small ...

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Government unveils plan to regulate crypto exchanges

The government plans to leverage existing Australian financial services laws to protect users, support innovation, and provide industry certainty in ...

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CEO hints at early Australian election in 2024

The CEO of the FSC has hinted that Australians may go to the polls by the end of next year. Speaking to InvestorDaily, the CEO of the Financial ...

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US inflation data suggests another rate hike likely

New CPI data from the US released on Thursday has provided further evidence to support the case for an additional interest rate hike by the Federal ...

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Court rules on ANZ’s alleged $2.5bn disclosure failure

The Federal Court has handed down its judgment in an ASIC case that alleged ANZ breached its continuous disclosure obligations by failing to inform ...

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Market volatility tugs at Australian ETFs despite robust inflows

Strong inflows failed to offset a decline in asset values during September, resulting in a fall in funds under management for the local ETF industry

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Perpetual turns net outflows into inflows

Outflows have turned to inflows in Perpetual’s asset management business. Perpetual’s assets under management (AUM) held steady over the September ...

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Aussie equities ‘back in favour’ as rates stabilise

A renewed level of interest in equities is among the major trends identified by Vanguard in the Australian ETF space. The stabilisation of interest ...

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